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What happened to Du Yang?
Du Yang, the former director of Huaxin Investment Management Co., Ltd., and Yang, the deputy general manager of Investment Department III, are suspected of serious violations of the law and are under the jurisdiction of the State Supervision Commission of the Central Commission for Discipline Inspection, and are currently undergoing disciplinary review by the Discipline Inspection Group of the State Commission for Discipline Inspection in the Ministry of Industry and Information Technology.

Beijing Municipal Commission of Supervision and Investigation; Liu Yang (non-party member), the former general manager of Investment Department II of Huaxin Investment Management Co., Ltd., was suspected of serious violation of discipline and law. He was appointed by the National Supervisory Commission (NSC) and is currently under the supervision and investigation of the Beijing Municipal Supervision Commission.

According to the 265438+20th Century Business Herald, Huaxin Investment is 45% funded by CDB Finance Co., Ltd., a wholly-owned subsidiary of China Development Bank. He is the sole manager of the National Integrated Circuit Industry Investment Fund (the Big Fund) and one of the managers of the second phase of the Big Fund, and is responsible for the investment and operation of the Fund.

The Big Fund was established in September 20 14 to promote the development of integrated circuit industry. Sponsored by CDB Finance, China Tobacco, Yizhuang Guotou, China Mobile, Shanghai Guo Sheng, China Electric Power Branch, Ziguang Communication and Huaxin Investment, the fund scale is about120 billion yuan.

The fund focuses on the integrated circuit chip manufacturing industry, taking into account chip design, packaging and testing, equipment and materials, and implements market-oriented operation and professional management. As the most important industrial investment fund in the market, the trend of large funds occupies the position of wind vane in the chip industry.